C2010-506 IBM TRIRIGA Real Estate Manager V10.3 Application Consultant

Test information:
Number of questions: 52
Time allowed in minutes: 90
Required passing score: 73%
Languages: English
Related certifications:

IBM Certified Application Consultant – TRIRIGA Real Estate Manager V10.3

Study Guide for the certification test.
Below are the high level objectives for this exam. We recommend reviewing the Study Guide for more detailed information on the test objectives to provide a better idea of the content which will be covered on the exam.

Section 1: Real Estate Concepts
Given knowledge of real estate leasing, define some of the common real estate leasing terms so that they can be explained to a client.

Section 2: Real Estate Contracts
Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, create and populate an Owned Property (Fee) Agreement in the TRIRIGA system so that an activated Owned Property (Fee) Agreement is created for use in tracking, managing and reporting on owned property assets in TRIRIGA.

Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, create and populate an Real Estate Lease in the TRIRIGA system so that a Real Estate Lease can be used in tracking, managing and reporting on lease assets in TRIRIGA.

Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, describe the four different methods and the related steps to enter a lease into the TRIRIGA system so that the consultant can determine and perform the best method based upon their customers requirements.

Given that TRIRIGA is installed, the user has a license to the Real Estate module and the proper security permissions, describe the real estate leasing lifecycle within TRIRIGA so that the consultant can properly advise their clients of the process flow.

Given that an understanding of real estate, compare Owned Property (Fee) Agreement to Real Estate Lease in the TRIRIGA system so that the stated differences between the Real Estate Contract and the Owned Property (Fee) Agreement have been clarified and the consultant will be able to direct the client to use the appropriate record.

Given knowledge of real estate, explain the critical real estate leasing concepts so that the consultant will use appropriate terminology when working with the client.

Given knowledge of the Real Estate module, explain the aspects of a real estate leasing so that the consultant will use appropriate terminology when working with the client.

Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, create a Clause in a Real Estate Lease in the TRIRIGA system so that a clause has been created to support functionality in a TRIRIGA Real Estate Contract.

Given real estate industry knowledge, explain the rental income stream throughout the life of a lease so that a consultant can explain it to their client.

Given real estate industry knowledge, define Percent Rent in the TRIRIGA system so that the consultant can be effective in communicating this understanding during implementation of Tririga Real Estate with a client.

Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, define capital vs operating expense requirements in the TRIRIGA system so that the consultant can determine the best method of use based upon the customers requirements.

Given that TRIRIGA is installed, the user has a license to the Real Estate module and the proper security permissions, create and/or execute an Option on a Contract so that options can be tracked on a lease.

Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, describe the two different methods to create, process and change/update a payment schedule on a lease in the TRIRIGA system so that Real Estate payments are effectively entered and processed for the life of the contract.

Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data and the user has a license to the Real Estate module and the proper security permissions, describe the process for setting up an Operating Expense / Common Area Maintenance Clause and performing the periodic Payment Reconciliation so that the OPEX/CAM Clause has been entered and is effectively reconciled each period.

Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, describe the method of creating an amendment of a Real Estate Lease so that the Real Estate Lease is effectively amended to reflect new contractual changes.

Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, describe the method for defining and processing indexed rent adjustments so that Real Estate Lease rent payments are updated with the new indexed amounts.

Section 3: Real Estate Transaction Management
Given that TRIRIGA installed, a license to use the Real Estate module, user has appropriate security permissions, CTQ Templates, RE Transaction Plan Templates, Real Estate Contract templates have all been properly created as necessary, all application settings are properly configured as necessary; describe the real estate transaction lifecycle within Tririga so that the consultant can properly advise their customers’ of the process flow.

Given that TRIRIGA installed, a license to use the Real Estate module, user has appropriate security permissions, create RE Action Request as an entry point to the RE Transaction Plan so that a real estate requirement has been documented.

Given knowledge of real estate, summarize the benefits of using a Real Estate Transaction Plan so that the benefits can be explained to the client.

Given that client requires an understanding of the product features summarize the benefits of using RE Projects so as to provide a positive understanding of the value and capability of the feature set.

Section 4: Real Estate Common Functionality
Given knowledge of real estate and TRIRIGA, describe the interaction between Real Estate Contracts and portfolio so that portfolio elements that the Real Estate Contracts reference are identified.

Given that TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, describe the method for requiring Real Estate Lease Contact roles so that RE Contract has proper contact roles defined.

Given TRIRIGA is installed, the Portfolio is properly configured and loaded with data, the user has a license to the Real Estate module and the proper security permissions, describe the different notifications that are used in a Real Estate Lease and how they can be generated in the TRIRIGA Real Estate module so that the consultant has defined system generated and manual notifications.

Given that client requires an understanding of the product benefits, summarize document storage so as to provide a understanding of the value and capability of the feature set.

Given expertise in real estate, define financial terminology so that the consultant can explain financial terminology to the client.

Given that TRIRIGA is installed, the user has a license to the Real Estate module and the proper security permissions, describe the out-of-the-box reporting so that the consultant understands the reporting available in the TRIRIGA application.

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QUESTION 1
TRIRIGA Projects offers enterprise project management, program management, fund source management and vendor bid management capabilities to deliver which business benefits?

A. Simplified navigation and control, adaptive portal layouts and streamlined application processes
B. Comprehensive suite of operational and analytical applications
C. Single technology platform, scalability and enterprise interoperability
D. All of the above

Answer: C

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QUESTION 2
Identify the license type which allows converting a concurrent core license to the Integrated Workplace Manager (IWM) license.

A. Allowed under the S&S contract
B. One-time upgrade license
C. Trade-up license
D. Must purchase an additional IWM license

Answer: C

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QUESTION 3
What is a benefit of the TRIRIGA Workplace Enterprise-Class Application system?

A. A single suite of modular applications that manages across the entire workplace function
B. Five low-cost stand-alone applications integrated using Omnibus and SOAP interfaces
C. Automates EH&S regulatory compliance
D. Fully compliant with Sarbanes-Oxley regulatory requirements

Answer: A

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QUESTION 4
All pricing includes first year maintenance and support.

A. True
B. False
C. Only for first-time purchases of the software
D. Only for additional license purchases after initial order

Answer: A

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